NEW YORK (Market Intellisearch) -- The stock price of Tessera Technologies Inc. crossed above the 50-day moving average on HEAVIER than usual volume. The crossing of the stock price above the 50-day moving average may signal the beginning of a bullish trend.
It is also important to note that shares of TSRA rose $0.36(+2.11%) to $17.44 in today's trading session. TSRA traded between the range of $17.08 - $17.46. Today's trading activities for Tessera Technologies Inc. stock may be a sign that the shares will continue to head higher in the foreseeable future assuming the moving average has upward slope.